Business Emerging Markets Finance Headlines Morocco

Morocco narrows its trade deficit by 7.6% in November

Morocco cut its trade deficit by 7.6% in November thanks to higher exports of the automotive sector and lower energy prices. Morocco’s imports stood at 653 billion dirhams, down 3.3%, while its exports remained almost stable at 392 billion dirhams. A drop in phosphates and by product sales was compensated by an improvement in sales […]

Emerging Markets Europe Finance Headlines International Morocco

EIB supports Morocco’s forest strategy with €100 million

The European Investment Bank will support Morocco’s Forest Strategy 2020-2030 with €100 million under a financing agreement signed in Rabat on Thursday Dec. 28. The agreement, which falls in the frame of cooperation between Morocco and the EIB and which spans the period from 2024 to 2028, focuses on climate change adaptation, biodiversity promotion, and […]

Asia Headlines International Morocco Technology

Moroccan innovator among winners of ICESCO contest for Arabic language learning Apps

Moroccan Mohamed Zaouin, from Souss-Massa’s Education and Training Academy, stands among the winners of the competition organized by the Islamic World Educational, Scientific, and Cultural Organization (ICESCO) for young people in the creation of digital content for learning Arabic. Zaouin, honored for his smartphone app Boustan Al Arabia, secured the third position in this competition, […]

Business Egypt Headlines Libya

Libya proposes Egypt new commercial crossing border to spur bilateral trade

Libya’s General Federation of Chambers of Commerce, Industry, and Agriculture has proposed a new commercial crossing on the border with Egypt to facilitate the flow of goods and enhance bilateral trade, separate from the Salum land crossing used by individuals, Libya Observer reports. Mohamed Al-Raeed, head of the federation, held discussions on the initiative during […]

Africa Headlines International

UN pledges to fund AU-led peace missions after challenging year for peacekeepers in Africa

The United Nations Security Council has unanimously adopted a resolution on the financing of African Union-led peace support operations that also aims to “bolster the international community’s efforts to tackle peace and security challenges on the continent,” according to a statement by the UN Secretary General. The UN chief Antonio Guterres, who has repeatedly called […]

Africa Headlines International

Battle for influence: US private security firm in talks with CAR govt to counter Russia’s Wagner

The US private military company Bancroft Global Development is reportedly in talks with the government of Central African Republic (CAR) over “future activities,” as the Russian mercenary group Wagner is in the process of reorganization following the death of its leader Yevgeny Prigozhin. The death of Wagner’s leader has created a window of opportunity in […]

Algeria Columns Headlines Maghreb Morocco

Algeria’s foreign minister tacitly acknowledges his country’s repression

Algeria’s foreign minister Ahmed Attaf alluded that the absence of pro-Palestinian protests in his country was due to a lack of “culture of protests” inherent to “longstanding democracies.” This came in a podcast on Aljazeera while answering a question on the mismatch between pro-Palestinian rhetoric and the lack of popular expressions of support for Palestine. […]

Emerging Markets Headlines Morocco Technology

DGSN to consolidate achievements, promote international security cooperation in 2024

The General Directorate of National Security (DGSN) is determined, in 2024, to consolidate the achievements made in modernizing and improving police infrastructures and services, to provide an adequate response to citizens’ expectations of the public police service. The institution also intends to strengthen and enhance international security cooperation, by sharing its experience in the fight […]

Emerging Markets Headlines International Morocco

Morocco looks to increase medical staff, lure foreign doctors to address shortage

Morocco will offer incentives to attract foreign doctors and increase the number of graduates from medicine faculties to address a shortage due to brain drain, the health minister said. Up to 1400 doctors trained in Moroccan universities leave the country, mostly to Europe, where many countries are vying to attract foreign medics, minister Khaled Ait […]